Family Savings
Family Savings is a credit union based in Rainbow City, Alabama, established in 1951, with $1.2 billion in total assets serving 78,378 members. By Trust Grade it ranks 77th of 89 credit unions we track in Alabama. Its net worth ratio of 8.7% trails most similarly sized credit unions (8th percentile), versus a Alabama median of 14.2%. It was profitable over the most recent period, with a 0.65% return on assets. No consumer complaints against Family Savings appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Family Savings compares to Alabama peers
How we graded Family Savings
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.7% capital ratio)
- Profitable (ROA 0.65%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Family Savings over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Family Savings insured?
Yes. Family Savings is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Family Savings: frequently asked questions
Is Family Savings a good credit union?
Family Savings earns a Bankzia Trust Grade of B (83/100, "Strong"), based on a financial-strength score of 83/100 (it has no CFPB complaints on record). Well-capitalized (8.7% capital ratio); Profitable (ROA 0.65%).
Is Family Savings NCUA-insured?
Yes. Family Savings is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Family Savings?
Family Savings holds $1.2 billion in total assets, ranking 77th of 89 credit unions we track in Alabama. It serves 78,378 members.
Does Family Savings have CFPB complaints?
No CFPB complaints against Family Savings appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
